In a world where you can look anything up online and DIY it, two areas where you’ll always need professional help are real estate and finance. Without the right guidance, real estate and financial transactions can be complex. However, a reliable and professional independent legal advice (ILA) provider can offer quick, specialist finance and property advice. This helps you meet rigid lender requirements, make well-informed decisions and ensure you’re fully prepared to sign on the dotted line.
So, whether you’re signing a document that involves legal charges, a personal guarantee on a business loan, a mortgage, or transferring equity, Independent Legal Advice (ILA) can impact how quickly you close a deal. What’s more, many ILA firms today take care of documentation and deal directly with lenders to ensure compliance at the highest level.
With increasingly tech-driven innovations and platforms, today ILA is more accessible and convenient than ever before. You can expect a streamlined process that’s designed to give you clarity, speed and expertise without the hassle of meeting a solicitor in person.
Here’s what you can expect from a reliable ILA provider
- Simple, clear explanations
- Specialist ILA for property and finance matters
- Expertise backed by experience
- Quick turnaround times
- Fixed and transparent pricing
- Accessible online
- Compliant documentation
- Complete privacy and confidentiality
- Flexible scheduling
Looking for specialist ILA firms providing expertise in property and finance? We’ve got you covered. We’ve curated a list of the top 8 ILA firms that you can trust for reliable and professional independent legal advice.
1. iLA (www.ila.co.uk)
Founded in 2022, iLA was created to address the challenges individuals faced in getting unbiased and objective independent legal advice promptly. They believe in simplifying the process and offering a quick, hassle-free experience. In the short time since they first began, they’ve managed to fulfil this mission by turning the system on its head.
Today, they’re one of the leading ILA firms in the UK, offering professional expertise in property and finance matters. This includes independent legal advice for personal guarantees, legal charges, complex business finance arrangements, debentures, bridging and development loans and more. They offer a fixed pricing plan with incredible flexibility, offering you their services online 7 days a week, including weekends for urgent ILA.
They have also won the prestigious B&C award for the best specialist finance partner, a testimony to their high-quality services and expertise. With a 5-star rating on Trustpilot, they’re your go-to ILA provider for everything property and finance.
Benefits of Choosing iLA
- Specialists in providing ILA in property and finance
- Fixed fee, transparent pricing
- Flexible schedule
- Available 7 days a week, including weekends
- Appointments are carried out via video call
- Quick turnaround, ideal for urgent ILA requirements
- Compliant documentation
- Award-winning services
Here’s what one of their clients had to say
“I found the ILA team very efficient and easy to deal with. Initially, I was annoyed at having to seek independent legal advice, but was very pleased in the end with the clarity of information from ILA, how easy and quick it was to book a meeting and what I learned in the process. It’s great to receive knowledgeable advice and efficient service. Thanks!”-Tom
2. ILA Connect
If you’re looking for budget-friendly independent legal advice while ensuring expertise, ILA Connect makes a compelling choice. Founded in 2019 to make ILA more accessible, they’ve quickly emerged as a credible option. Whether you need advice on occupier waivers, gift deposits, second charge loans, or third-party borrowing, they come highly recommended. They work with a broad base of lenders, and all their solicitors are SRA-regulated, so you can trust them for reliable ILA services.
3. ILA Direct
ILA Direct was founded in 2021 to offer individuals high-quality independent legal advice as quickly as possible. They offer ILA for transfer of equity, equity release, personal guarantees, occupiers’ consent and third-party mortgages, among other areas. Whether you’re a broker, lender or solicitor, ILA Direct promises you an appointment within 48 hours for a hassle-free experience.
4. Phelan Independent
Phelan Independent began providing ILA services in 2020 with the aim of disrupting the industry by gathering senior solicitors to offer their expertise at affordable prices. They’ve positioned themselves as an agile, fast and professional ILA service focusing on structured finance matters such as joint borrower/sole proprietor mortgages, equity release mortgages, deposit gift waivers and more. They also offer special discounts for members of the National Association of Commercial Finance Brokers (NACFB).
5. Independent Legal Advice
Independent legal advice is led by James Goff, a specialist property lawyer with over 2 decades of professional experience. If you’re looking for ILA on bridging finance, residential or commercial property transactions and personal guarantees, his expertise will prove helpful. You can expect a straightforward process that comes with a fixed price and the promise of a speedy ILA for urgent matters.
6. Lawyers Online
Lawyers Online is a well-renowned ILA provider, offering a broad range of legal services. Since their founding in 1998, they’ve gone from strength to strength, combining modern technology with legal expertise to offer individuals high-quality legal services. Their specialisation is in director’s personal guarantee, joint borrower/sole proprietorship, occupiers’ consent to mortgage, bridging loans and equity release.
7. Fast ILA
Fast ILA offers same-day independent legal advice and believes in delivering top-notch services with its SRA-regulated solicitors. They’re known for their personalised approach to clients, acting as advocates and partners to ensure you receive all the support you need. Their lawyers have been featured in leading publications and are trusted by reputed banks and lenders.
8. ILA company
The ILA company is committed to offering you a simple, stress-free ILA process that comes with 7-day availability and fixed, transparent pricing. Whether you’re looking for specialist advice on redundancy agreements, property transfers or personal guarantees, you can rest assured of a highly professional service. They have a super easy booking system to make your ILA appointment smooth while empowering you with legal clarity.
Choose These Trusted ILA Providers to Make Informed Legal and Financial Decisions
Taking independent legal advice is more than just compliance with lender or solicitor requirements. It empowers you to receive clarity, understand the implications of your legal and financial obligations, and aid informed decision-making. Our list of the top ILA firms comes highly recommended and is backed by client testimonials and years of experience, ensuring you have the advice you need quickly at your fingertips.
